Inflation spending

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Technically a holiday, but me and the rest of my department had to go in. On the bright side, I’ll get eight hours of holiday pay in addition to the hours I actually worked today. This is good, because with inflation at a 30-year high, it takes more greenbacks to buy the same things as last shopping trip.

Speaking of shopping trip, I’m continuing to stock up on odds and ends. It’s interesting to try and contemplate what exactly to buy. Am I buying this item because I feel inflation will make it too expensive to buy later? Or am I buying this item because I’m concerned oer availability issues? Or am i buying this item because its a good item to have ‘just in case’? There can be a lot of existential thinking in Aisle 6 at WinCo.

But, at the end of the day, the facts remain:

  • There are ‘supply chain issues’ for many things currently
  • Supply chain issues may continue or reappear with little warning
  • Inflation is making life more expensive
  • Virtually everything you buy now will be more expensive next month

And if you really want to call inflation what it is: your $1000 paycheck next month may only buy you what $900 gets you this month. Thats inflation robbing your money of value. Thats why Großvater Karl took a wheelbarrow to work with him back in his working days.

Personally, I don’t see anything good coming, economically, on the horizon. I’m not an expert on economics but I can see for myself the effects of it on my surroundings and what I see makes me head up to WinCo and buy a case of soap and another 50 rolls of TP.

33 thoughts on “Inflation spending”

  3. If you had lived as an adult back in the seventies, what’s happening now wouldn’t frighten you. The seventies saw double-digit inflation and interest rates, a worldwide oil embargo plus a host of other nasties. Just like today, back then the Kurt Saxons of the world preached that it was the economic end times. And yet, we survived. This is not the end of the world, it is an economic blip.

    • I remember the ’70s, with its double digit interest rates, inflation, gas lines, and general malaise. Its because i remember it that I have no desire to be caught unprepared to experience it again.
      I never said it was the end of the world. Perhaps it is a blip, but if it is…so what? World War Two was a historical blip…the world continued long after that war was over. Does that mean that people who foresaw it coming and made moves to move or protect themselves were wasting their time? Why would I, having seen what the ’70s economy looked like, not take precautions against a repeat of it?

      • in WWII the people that starved to death in the Warsaw ghetto would have given an eyetooth for a can of chilli and a single shot .22 with a handfull of ammo.

      • The whole point of being prepared is so that you can handle the unexpected, whether it’s a blip, or worse.
        I would like to think this inflation is temporary, but I want to reduce it’s effects whether it’s short or long term.

    • I remember when my brother bought his first house around 1979 and had a 17% interest rate, and they had to add an extra spot on the gas station signs for a 1, because gas went over a dollar for the first time in history here in the US.
      I am not so sure if this will just be another blip, because it seems we are being spent into a great reset, which probably includes a common world currency to fight this out-of-control debit and inflation.

    • …We didn’t see empty shelves in the 70’s… just empty tanks at gas stations. This is not the end of the world, but it IS different from the 70’s, and has the potential to be WORSE than the 70’s. All CZ is saying is to be ready for whatever…

      • @TomMacGyver
        Bingo! Everyone, is ALWAYS preparing for the previous disaster. It’s human and Govts nature. I saw no goods shortages in the 70’s and in rural area no gas lines — just high prices.

        Cover your bases as best you can for “general needs”, look out for early warning news on special situations— like Covid news that was not covered or declared fake news early on.

        As Zero is always saying, listening to his gut from what he sees and acting accordingly.

        Zero, Appreciate if you’d mention your odds and ends list to help jog us. As to bars of soap and even powdered laundry detergent— be aware it does age out and actually go bad. Supposed shelf life 3 years on bar soap. Keep cooler and vacuum seal and I bet better results. Wish I’d vacuum sealed mine — had some dry out and not appear to soap properly (well past 3 years). Still, better than nothing I think. Next bar soap definitely getting vacuum packed. Oxidation is not our friend.

          • Thanks Sam!
            I’d read all Zero’s musings from Archive a while back but forgot or missed that one. Appreciated!

        • None of you remembet Nixon’s Price and Wage freeze? Many items were unavailable for a short time until it was recinded,, how about the Butchers Strike when meat was not available? UAW Strike when car deliveries were late. I must of lived through a much different time- it sucked but this time is going to be much worse by design, tead up on “Great Reset” and get ready. Nuremberg 2 trials now!

  5. I’ve found myself in the same position. Been stocking up on some items now, like auto parts, both due to inflation and tenuous future availability. Not sure about the new set of snowtires (won’t need them til possibly next winter, and they’d take up valuable space in the garage), but just maybe. If things get worse next year I’ll wish I had…

    • Only keep tires for 3-4 years max, the rubber looses it’s flexability (dry rot), cool and dry out of the sun is best. You can store out of the way or 5 gal pails can fit in the middle, extra supplies can be stored inside. 3-4 tires with a couple pails inside with a plywood over makes a handy table. Consider getting tire tools (bars or a manual tire machine) and learn to use it, a small can of tire soap(installation lube) too.

      • VT, thanks for the tips, but I already have 5 mounted summer tires bagged in the garage, and 5 more would be a bit…awkward. Yep, have access to tire changer & balancer – I’ve never changed a car tire by hand, but have done plenty motorcycle ones.

  6. I too remember the gas lines, inflation, and all the other crap of the late 70’s. Back when I was driving trucks nationwide searching for fuel. But I gotta say, Carter, who allowed it and for the most part initiated the fiasco, was a better president that this butt munch comrade jo could ever hope to be. He’s actually not a president although everyone insists on calling him that. He’s a fraudulently elected puppet so stupid he would be rejected from an old folks home.
    It’s going to get worse before it gets better, take care of yourself, nobody else will.

  7. I’m 80 now, and well remember the 70’s. Yes, we had long gas lines, and interest rates were out of sight. But that was nothing like what we’re experiencing today. Today, we’re witnessing the dismantling of our country. Too many diverse vested interests, and diversity has replaced competence on a national level. It was good while it lasted.

    I recently read somewhere that Biden makes Jimmy Carter look like Ronald Reagan. Well said!

  8. Interesting everyone bringing up the 70’s- know what else that time period brought with it? Meat price controls, well at least an attempt at it. Nixon administration put price controls on cuts of meat only to have butchers introduced ***NEW*** cuts of meat to get around the price controls. But they won’t be able to control what isn’t available- we are still stocking away food but now we are stocking our food on the hoof.

  9. Actually inflation is the least of or worries. We have a much larger and more serious problem. It’s an idiot problem. As in the Idiot in the Oval Office. And the rest of the idiots in control of the rest of the government.
    I stumbled across so information today that has me very worried. Won’t devulge this until I can find more information to fill out the entire picture.
    Don’t be surprised to see gas running at 6-7 a gallon before Easter. And how about kerosine at 20 per gallon. We’re paying over 6 a gallon in Michigan now.
    I rarely spook at the information I find in my research. But what I found today doesn’t bode well for any kind of normal future.

    • @MichiganPrepper Oh please, just post what your research found. Adults follow this blog. We can do our own confirmation. I’ve seen predictions of oil going to $300-400 a barrel. That would increase everything to obscene levels. But we all know anyone can “predict” anything.

      Your kerosene is cheap. On sale here it was $7/gallon in 5 gallon cans (normal price $45/5 gallon) or $10 in one gallon. This is pre-packaged 1-K not bulk prices. Bulk kerosene can be questionable age/quality where not commonly used.

      Information “teases” are just annoying. Please help all here and post what you found. You may be the first to have noticed something, don’t withhold it. I helped many doubtful friends before Covid took off because of my own insights. Some listened and took big actions, some took small — but all were helped.

      Share what you found, that’s why we’re here!

  10. Inflation at 6% is just the start I’m afraid. Biden blaming the supply chain, while pumping trillions of unbacked dollars into the economy. I don’t know any more than anyone else, but I don’t see this ending well. Local businesses can’t even get applicants for open positions. Young adults are moving back in with parents as rents skyrocket. I probably don’t want to know how it ends…

  11. I still have a box of candles under my kitten sink from the power-cuts in the 70’s. They look more like off white corkscrews now, but I keep the to make sure I do not forget. They came from under my Grandparents sink.
    I don’t remember doing it myself but here in the UK it was not unknown for people to go shopping around supermarkets by candle light. The odd thing is I was very young when it happen but people who were adults at the time, give me odd looks and have no idea what I’m on about if I bring it up. They say something like “well we had the odd power-cut nothing bad, but that could not happen nowadays” but if you ask them why not, they never answer. I wish I could find the film of it, but this will give you some idea.

    https://www.youtube.com/watch?v=sxlx-FcvjW8

    https://www.youtube.com/watch?v=qyOopIl32aw

    https://www.youtube.com/watch?v=NbSxjG91jJM

    https://www.dailymail.co.uk/news/article-10012345/When-lights-DID-1970s-Britain-plunged-darkness-three-day-working-week.html

    https://wordmusing.wordpress.com/2014/06/20/power-cuts-of-the-1970s-out-of-the-ashes/
    https://youtu.be/fP4ejbpdVwk

  12. I’m still shocked at how people don’t want to work, especially since the bulk of the “free gov money” is cut off. I took CDL lessons over the summer, something I had wanted to do for years. I am a retired cop and have a small PI company. I was looking for something steady a couple days of the week to fill in the gaps in the PI work. My plumber recommended me to a buddy who has a home heating oil company. When I called he basically said he needed drivers: how much did I want and how many days per week did I want to work? I gave him what I thought was the high end going rate for someone with zero experience. Start next week!

    • “cant work without the jab”…. oh. >no thanks.
      feudal oligarchy means three gen households and family gardens. etc. maybe one or two “employed” persons, three or four black market/ swap meet/ barter operators. We must retreat to the mode which kept White villagers surviving in the days of the middle ages. Perhaps our ‘elites’ will evolve some ‘noblesse oliblige’ with some encouragement.

  13. Local Walmart had a price sticker on the shelf for chicken noodle soup (Campbells)@$1.50/can. None in stock. A discount store had it at the old price of $1.00. Bought all on the shelf, 30+ cans.

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